NOSAUKUMS
The Stability and growth pact : the architecture of fiscal policy in EMU / ed. by Anne Brunila, Marco Buti, and Daniele Franco.
IZDEVĒJS/GADS
Houndmills, Basingstoke, Hampshire
New York Palgrave 2001
APJOMS
- xiv, 439 p. : ill. ; 23 cm.
BIBLIOGRĀFIJA
Includes bibliographical records (p. 422-436) and index
CITI AUTORI
Brunila, Anne
Buti, Marco Franco, Daniele
ISBN
0333961455
UDK INDEKSS
339.923
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Fonds | Adrese | Skaits | Plaukts | Pieejamība | |
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Bibliotēka | 01.2 | 1 | 339.923 | Plauktā | Var pasūtīt |
Anotācija
The Stability and Growth Pact (SGP) encompasses the legislative text and political resolutions regulating fiscal policy and public finances in EMU. The contributions in this volume analyze the institutional, legal, theoretical and empirical aspects of the SGP, examine its development and evaluate its main implications. The authors include academic economists, who provide insightful analysis, and policy makers who have contributed to the shaping of the pact and have a direct responsibility for its implementation.
Contents | |
PART 1: DOES THE EMU NEED FISCAL RULES
Does EMU Need a Stability Pact? - R.Beetsma The Stability and Growth Pact: a delicate balance or an albatross? - M.B.Canzoneri & B.T.Diba PART 2: WHERE DOES THE PACT COME FROM? Genesis of a Pact - J.Stark The Stability and Growth Pact: how did we get there? - D.Costello PART 3: HOW DOES THE PACT WORK? Main aspects of the working of the Stability and Growth Pact - A.J.Cabral Fiscal surveillance under the pact: the stability and Convergence Programmes - J.Fischer & G.Giudice PART 4: "CLOSE TO BALANCE OR IN SURPLUS": THE MEDIUM TERM BUDGETARY TARGETS Setting mediumterm fiscal targets in EMU - M.J.Artis & M.Buti Estimating prudent budgetary margins for EU countries: a simulated SVAR model approach - T.Dalsgaard & A.de Serres The Stability and Growth Pact, will it ever be reached? - R.Barrell & K.Dury PART 5: FISCAL POLICY COORDINATION UNDER THE PACT Fiscal policy, automatic stabilisers and policy coordination in EMU - M.Viren Should fiscal policy coordination go beyond the SGP? - S.Korkman PART 6: PUBLIC DEBT UNDER THE STABILITY AND GROWTH PACT Optimal debt under a deficit constraint - M.Rostagno, P.Hiebert & J.Perez-Garcia How should the debt be managed? Supporting the Stability Pact - A.Missale PART 7: WERE THERE POSSIBLE ALTERNATIVES? Public investment, the stability Pact and the "Golden Rule" - F.Balassone & D.Franco Achieving fiscal discipline through tradable deficit permits - A.Casella |